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The Catastrophe Insurance (C) Working Group is appointed by the Property and Casualty Insurance (C) Committee for 2012 to report progress at each national meeting on the following catastrophe insurance issues:
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Monitor and recommend measures to improve the availability and affordability of insurance and reinsurance related to catastrophe perils for personal and commercial lines.—Ongoing
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Evaluate potential state, regional and national programs to increase capacity for insurance and reinsurance related to catastrophe perils.—Ongoing
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Monitor and assess proposals that address disaster insurance issues at the federal and state levels; assess concentration-of-risk issues and whether a regulatory solution is needed.—Ongoing
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Provide a forum for discussing issues and recommending solutions related to insuring for catastrophe risk, including terrorism, war and natural disasters.—Ongoing
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Update the State Disaster Response Plan, as needed, so that it provides a blueprint for action by the states to respond to catastrophic events.—Ongoing
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Provide a forum for discussing various issues related to catastrophe modeling and monitor issues that will result in changes to the Catastrophe Computer Simulation Modeling Handbook.—Essential
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